Sunday, May 3, 2026
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Editor

Editor

The Bushletter editorial team. Independent business journalism covering markets, technology, policy, and culture.

Articles by Editor

Geopolitics

Dow Drops 800 Points, Enters Correction

The index fell nearly 800 points Friday as oil prices climbed on Iran war fears. The S&P 500 is now down 12% from its February peak.
4 min read a month ago
Dow Drops 800 Points, Enters Correction
AI

Apple Opens Siri to Claude, Gemini, Grok in iOS 27

OpenAI's exclusive partnership ends. Users will choose their preferred chatbot through new Extensions settings. Apple is also building its own chatbot Siri based on Gemini.
5 min read a month ago
Apple Opens Siri to Claude, Gemini, Grok in iOS 27
Geopolitics

Australia's Fuel Crisis Deepens as Albanese Takes Emergency Powers

The ACCC says average diesel hit 303.5 cents a litre. Unleaded is 252.2 cents. Some stations in Sydney and Melbourne are charging $3.15.
7 min read a month ago
Australia's Fuel Crisis Deepens as Albanese Takes Emergency Powers
Geopolitics

Google's Agent Smith AI So Popular It Got Throttled

Agent Smith automates coding tasks and works in the background while employees use their phones. Sergey Brin told staff that AI agents will be a 'big focus' for Google this year.
4 min read a month ago
Google's Agent Smith AI So Popular It Got Throttled
Geopolitics

David Sacks Out as AI Czar, Joins Billionaire Council

The PayPal Mafia veteran's 130-day stint as Trump's crypto and AI czar is over. He moves to PCAST, an advisory body stacked with Jensen Huang, Mark Zuckerberg, Larry Ellison, and Sergey Brin. He'll advise on policy. He won't make it.
5 min read a month ago
David Sacks Out as AI Czar, Joins Billionaire Council
Geopolitics

Iran Hacks FBI Director, Leaks Personal Photos

The Handala Hack Team published personal photos of Kash Patel and over 300 emails. The FBI says no government data was involved. It's the latest escalation in Iran's cyber campaign against US officials.
5 min read a month ago
Iran Hacks FBI Director, Leaks Personal Photos
Geopolitics

RBA Forecasts Inflation Peak at 4.2% by Mid-2026 Before Gradual Easing

Reserve Bank expects underlying inflation to reach 3.7% and headline 4.2% mid-year, with return to 2-3% target band not expected until mid-2028.
4 min read a month ago
RBA Forecasts Inflation Peak at 4.2% by Mid-2026 Before Gradual Easing
Work

Cyclone Narelle Knocks Out Two-Thirds of WA Gas Supply

Category 4 storm exposes fragile energy security as Chevron, Woodside, Santos shut down operations.
4 min read a month ago
Cyclone Narelle Knocks Out Two-Thirds of WA Gas Supply
Work

Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring

E-commerce giant announces largest single layoff of 2026 as part of broader corporate downsizing strategy.
5 min read a month ago
Amazon Confirms 16,000 Corporate Job Cuts in 2026 Workforce Restructuring
News

Bowen Flags Ministerial Supply Control Under 1984 Emergency Act

The Minister for Climate Change and Energy has signalled that the Commonwealth is prepared to underwrite private fuel imports as Hormuz disruptions persist.
7 min read a month ago
Bowen Flags Ministerial Supply Control Under 1984 Emergency Act
News

Cyclone Narelle Hits Wheatstone, Gorgon as 30M Tonnes of LNG Go Offline

Chevron and Woodside Energy shut down major North West Shelf facilities as Category 4 system disrupts 8% of global gas supply.
5 min read a month ago
Cyclone Narelle Hits Wheatstone, Gorgon as 30M Tonnes of LNG Go Offline
AI

Nvidia-Backed Reflection AI Seeks $25 Billion Valuation in AI Infrastructure Race

The startup is in talks to raise $2.5 billion, underscoring the staggering capital requirements of building AI infrastructure at scale.
6 min read a month ago
Nvidia-Backed Reflection AI Seeks $25 Billion Valuation in AI Infrastructure Race